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About Us
We’re one of 12 regional Federal Reserve Banks working together with the Board of Governors to support a healthy economy. Our job is to serve the American public — to serve you. And our mission is to foster economic stability and strength.

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Economic Research
We conduct research to support policymaking and thought leadership on issues important to the Federal Reserve and the Fifth District. We also inform the public through our data and economic analysis, publications, presentations and educational resources.

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Banking & Supervision
We help ensure our financial system is operating safely and effectively, and we help support secure and efficient methods to transfer your funds through our financial system.
Education
We work with teachers, students and the public to enhance understanding of economics, personal finance and the Federal Reserve.

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- Resources & Programs
- Classroom Visits
- Events
- People
Community Development
We work with community partners to identify and address economic challenges and opportunities in low- and moderate-income communities in the Fifth District.

Economists

Mark W. Watson

A professor of economics and public affairs at Princeton University, Mark Watson is a long-term consultant in the Research Department at the Federal Reserve Bank of Richmond.

Bank Publications

Economic Quarterly, Spring 2007

How Accurate Are Real-Time Estimates of Output Trends and Gaps?

Mark W. Watson

Economic Quarterly, Summer 2003

How Did Leading Indicator Forecasts Perform During the 2001 Recession?

James H. Stock and Mark W. Watson

Economic Quarterly, Fall 1999

Explaining the Increased Variability in Long-Term Interest Rates

Mark W. Watson

Economic Quarterly, Summer 1997

Testing Long-Run Neutrality

Mark W. Watson and Robert G. King
Working Papers

May 2019, No. 19-11R

Aggregate Implications of Changing Sectoral Trends (Revised August 2019)

Andrew Foerster, Andreas Hornstein, Pierre-Daniel G. Sarte and Mark W. Watson

November 2008, No. 08-7

Sectoral vs. Aggregate Shocks: A Structural Factor Analysis of Industrial Production

Andrew Foerster, Pierre-Daniel G. Sarte and Mark W. Watson

Contact Us

Research Department (804) 697-8000

Economists

Mark W. Watson

phone Contact Us

Economists

Mark W. Watson

Contact Us